I’m intrigued.

Galiform (GFRM, 71p) own Howdens Joinery, which supplies kitchens and joinery products to the building trade.

In a week of turmoil in the UK housebuilding industry prompted by Persimmon warning they would stop building new homes, I find that the CFO of Galiform, Mark Robson, makes his first purchase of shares since he joined the board in 2005.

Robson on April 15th bought 132,000 shares at 77 1/2 p, investing £102,000.

As a result Galiform goes on the watch list.

Addendum May 1st : I’m no longer intrigued. Stock is up 7% today on results better than the market anticipated. See reuters comment here.

A Howdens Joinery kitchen